Superior Debt Services, Inc, also known as Superior Debt Relief, provides a debt settlement program that prides itself on having the strictest of standards when it comes to the training of their debt consultants. Superior Debt Relief, Inc. requires that every one of their consultants become accredited through the International Association of Professional Debt Arbitrators.

The IAPDA provides “training, certification, debt settlement industry knowledge, legislative updates and important peer credibility” to its members. Debt negotiators are also tested and certified by the Arbitrain Training Systems.

Superior Debt Relief states they are the only debt negotiation company that requires such credentials of its staff.

Here are some quick facts about Superior Debt Services, Inc.:

About the Company:

Superior Debt Relief utilizes a “save until paid” method for relieving a consumer’s debt. Superior Debt Reliefwill work with creditors to negotiate a reduced payoff amount, which is typically 40% to 50% of the total debt owed. Qualified applicants must have at least $10,000 in debt before becoming qualified for the program.

Settlement consultants work with clients to evaluate their monthly payment, based on their income and individual financial situation. The company recommends a payment of $125-$200 a month per each $10,000 of debt.

Fees and Charges

This monthly payment, minus fees, is then held in an account until negotiations with creditors are finalized and put into writing. Funds from the Special Purpose Account will then be used to pay off debts and debts will be considered as paid in full.

Superior Debt Relief also offers continuing debt-free counseling, improving credit scores, as well as setting and achieving future financial goals. In addition to such assistance, Superior Debt Relief will pay for the first three cycles of a credit restoration program, once all requirements of the program have been met.

Settlement Pooling

While I have not personally used the services of Superior Debt Relief it appears positive customer service is a key point in dealing with the stress and processes of erasing debt. While many consumers attempt to go the same route of putting money aside for debt settlements, using the Superior Debt Relief system of accumulating funds works faster because they can pool funds from other customers who have debt with the same creditor for quicker and lower settlements.

Superior Debt Services, Inc. is based in Fort Collins, Colorado and serves customers across the country, provided their debts qualify for the program. Here are the examples of what qualifies and what does not for participation in Superior Debt Relief’s program:

Not Accepted Debt: Student loans, mortgages, car loans, taxes, debt that is less than 10,000.

Accepted Debt: Major credit cards and store cards, unsecured bank loans, hospital/medical bills, personal loans.

Rating - If you have done business with Superior Debt Services (Superior Debt Relief), please rate this company and post a comment below.